Bitcoin

We accept Bitcoin– the world’s leading virtual currency. Bitcoin is a secure and pseudo anonymous cash digital currency.

Our main Bitcoin forum is on Cryptor Trust an investment vehicle for Bitcoin and Bitcoin related assets world wide. If you want to know the future of Bitcoin this is the site you should visit.

Various sites offer a service to exchange other currency to/from Bitcoins. There are also services allowing trades of goods for Bitcoins. Bitcoins are not subject to central regulations and are still gaining value. To learn more about Bitcoins, visit the website (http://bitcoin.org) or read more on Wikipedia.

You can create a Bitcoin wallet at blockchain.info without the need of a credit card or bank account.

You can buy and sell Bitcoin cash locally around the world at localbitcoins.com. In practice this means you can pay cash for all our services if you prefer. You just need to buy Bitcoin cash in the country you reside first, and then buy from us using Bitcoin.

Bitstamp.net is an exchange for buying or selling Bitcoin. If you have Bitcoin you can sell them at Bitstamp.net and withdrawal the money in USD or Euro.

Coinapult.com gives you the opportunity to send Bitcoin to any email address. The recipient only needs an email address or mobile phone number. When the recipient receives your message, it will contain a link to recover the funds you sent. If the recipient wishes to claim their new Bitcoins, they’ll need a Bitcoin address to send them to, but this can be done by them at any point in time later.

Bitcoin’s first potential mega-market just so happens to be the second largest economy in the world

Democratization of Money – Bitcoin liberating organic farmers –

See how Bitcoin help the people of Argentina to get around currency restriction in this film by BitcoinFilm.org:

Filmed in Argentina, three bitcoin proponents set out to produce a short film on the impact of bitcoin in Argentina. The result is a beautiful documentary examining the promise of economic growth in the ‘free’ or ‘shadow’ economy beyond the ‘official’ crippled economy.

The film’s website, BitcoinFilm.org, references this ‘free’ economy as one of the world’s largest, second only to the U.S. economy, pointing out the obvious benefits of bitcoin when compared to paper cash which is becoming difficult and risky for transactions.

Interesting Bitcoin graphs:

Bitcoin transactions in real time. It shows both the currency denominated for the trade, as well as the country of the transaction.

It becomes clear that China really is big into Bitcoin relative to the rest of the world.

Click on the above graph for larger image Source: Fiatleak.com

Frequently asked questions:

Q:

What are Bitcoins?

A:

Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency.

Q:

What is Mining?

A:

Since Bitcoin has no central authority, transactions sent over the network must be confirmed in some way that makes them official to avoid being spent twice. Bitcoin Mining is the process of taking recent transactions and combining them into a “block” of transactions.In order to keep make blocks hard to fake, creating a block of transactions requires a significant amount of computing power, and the difficulty of the process is increased by the network in order to keep the rate of block creation at roughly 1 block per 10 minutes. The incentive to create blocks is a subsidy (currently 25 Bitcoins), plus transaction fees from any transactions that are put into the block.

Q:

What is a Mining Pool?

A:

Due to the difficulty involved in creating a block, the concept of a mining pool was brought forward. In a mining pool, many users of the network work together to make blocks, and split the reward between each other. A mining pool is the central server used to organize the work and distribute the rewards.

Learn more about virtual currencies on Tax & Money Havens blog, see posts under the category “Virtual Currencies” and the tags “Bitcoin” and “Digital Currency”.

If you want to transfer Bitcoin anonumous you can use services like Shapeshift

Our main Bitcoin forum is on Cryptor Trust Inc. an investment vehicle for Bitcoin and Bitcoin related assets world wide.

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